Welcome Guest
Log In | Register )
You last visited December 6, 2016, 5:30 am
All times shown are
Eastern Time (GMT-5:00)

Lucky NJ man wins third major lottery prize

Topic closed. 22 replies. Last post 10 months ago by spicydavid2005.

Page 2 of 2
51
PrintE-mailLink
Avatar
Maryland
United States
Member #162434
January 2, 2015
887 Posts
Online
Posted: January 21, 2016, 5:06 am - IP Logged

If he is going to spend this kind of money he should try doing what Joan Ginther did.  She had a true 'system' for scratch offs, which appeared to work. 

    Avatar
    London
    United Kingdom
    Member #140684
    March 24, 2013
    566 Posts
    Offline
    Posted: January 21, 2016, 11:27 am - IP Logged

    Someone posted the guys YouTube channel name in this thread so I looked around and found the video of him winning:

    2016 Won/Lost

    EuroMillions / Spent: £22 / Won £0 / Total -£22

    UK Lotto / Spent: £4 / Won: £0 / Total: -£4

    2016 Total: -£24

    Jan: -£22 Feb: £0 ~ Mar: £0 ~ April: £0 ~ May: £0 ~ June: £0 ~ July: £2

     

    EuroMillions = £2 Line / Played: x11 [old price] 

    EuroMillions = £2.50 Line / Played: x0

    UK Lotto = £2 Line / Played x2

      Avatar
      New Member

      United States
      Member #171734
      January 11, 2016
      127 Posts
      Offline
      Posted: January 21, 2016, 8:42 pm - IP Logged

      Scratch offs are a game where a particular ticket has been predetermined to be a winner or not. 

      Even better, most states do the equivalent of letting a blackjack player know when the remaining deck is full of aces and 10's and they don't reshuffle.

      That makes it possible for there to be times when there is an expected value to a ticket greater than the price of the ticket.

      They also don't distribute winning tickets randomly.

      If you had the scratch you could probably do what she did right now.  The Texas Millionaire Club (Game 1492) has one outstanding ticket worth $7.5M that is in a pack number > 124,000 and by my estimate there are fewer than 350,000 tickets remaining.  The guaranteed minimum value of each pack of 20 tickets is $340 or $17/ticket and the big prize adds another $21/ticket for a total of $38.  Obviously not quite ready to exploit directly but what if you can manage to corral 100,000 of those tickets with the help of cooperative retailers and put them aside, unsold, while the other 250,000 tickets slowly get sold.  Sit on them until either the last winner shows up or the lottery announces they are going to close the game or when the number of tickets you haven't bought drops to the point where the expected value exceeds $50 by a substantial amount.

      Even a mom and pop retailer can play this for free.  Stash 1000 tickets aside, inactivated,  wait until either the 3rd winner shows up (at which point you sell your stock) or go to the last day for sales to see if the odds have swung to a positive expected value

      If you happen to be a regional VP of a big grocery chain that sells lots of lottery tickets you could probably manage to personally stash away 10-20k of these tickets for this type of game on a regular basis and patiently wait for your opportunities.

        ohiopick3's avatar - Lottery-063.jpg
        Ohio
        United States
        Member #3023
        December 14, 2003
        4166 Posts
        Offline
        Posted: January 22, 2016, 9:32 pm - IP Logged

        Keep it going Mike!

          Coal Thumb's avatar - Lottery-052.jpg
          NY
          United States
          Member #169635
          October 25, 2015
          80 Posts
          Offline
          Posted: January 22, 2016, 9:55 pm - IP Logged

          Mike dee does a lot of research. He predicts winners and hits 500 too often to comprehend.

          2 - super scunion | 1 - quad scunion | few - triple scunion | 1 - super funion | some - double scunion | 1 - triple funion | lost count - scunion/funion

          $1 - FTY | $2 - HUN | $3 - ZSA | $5/ $10 - FVH | $20 - UKA (playbook - HUN) | $25 - OQA | $30 ???

            noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
            Bay Area - California
            United States
            Member #136477
            December 12, 2012
            4106 Posts
            Offline
            Posted: January 22, 2016, 11:31 pm - IP Logged

            ....that's some serious money his forking over. l am almost tempted to say his got a gambling addiction. Nevertheless, its refreshing to read that he has recouped his money and then some.

            People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.

              Avatar
              New Member

              Canada
              Member #172267
              January 19, 2016
              18 Posts
              Offline
              Posted: January 22, 2016, 11:36 pm - IP Logged

              I'm happy for him, but $125,000 spent in lotto tickets in two years!?!? ThudThat's just crazy. He could've bought a car outright and put a good down payment on a house with that amount of money. Also, I'd be happy with $200k but after spending that much I'd prefer to get a payout with a few more zeros on the end, haha.

                Avatar
                New Member

                United States
                Member #149995
                December 14, 2013
                47 Posts
                Offline
                Posted: January 23, 2016, 3:38 pm - IP Logged

                This guy spend over 2700 dollars playing scratch ticket?  He upload it in Youtube. You can create original content on youtube by uploading your scratch ticket.  A lot of people do watch this type of video.

                He have over 150k viewer from his youtube video.